Gas Industry Financial Disclosures




2824 NEW ZEALAND GAZETTE No. 118

ORION NEW ZEALAND LIMITED

The following public disclosures are made by Orion New Zealand Limited (“Orion”) in accordance with the Gas (Information Disclosure) Regulations 1997 (the “Regulations”).

The disclosures cover the period from 1 April 1998 to 31 March 1999 and provide comparatives for prior years where required by the Regulations.

Gas (Information Disclosure) Regulations 1997

Regulation 6 - Financial Statement disclosure by pipeline owners

STATEMENT OF FINANCIAL PERFORMANCE

For the year ended 31 March Distribution 1999 $000’s Distribution 1998 $000’s Retail 1999 $000’s Retail 1998 $000’s
Revenue 71,393 77,551 176,634 161,672
Expenses 50,582 48,437 138,961 160,102
Surplus before taxation 20,811 29,114 37,673 1,570
Taxation expense 23,279 11,619 938 518
Net surplus after taxation attributable to Parent Company shareholders (2,468) 17,495 36,735 1,052


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🏭 Financial Performance Disclosure by Orion New Zealand Limited under Gas (Information Disclosure) Regulations 1997

🏭 Trade, Customs & Industry
Gas industry, Financial performance, Distribution, Retail, Taxation, Orion New Zealand Limited